How has been the historical performance of Athena Global?

Answer:The historical performance of Athena Global shows significant fluctuations in its financial metrics over the years.

Breakdown:
Athena Global's net sales have seen a decline from 26.41 Cr in Mar'20 to 15.62 Cr in Mar'25, with a notable drop in Mar'22 to 20.11 Cr and further declines in subsequent years. The total operating income followed a similar trend, peaking at 26.41 Cr in Mar'20 and falling to 15.62 Cr by Mar'25. The company has consistently reported no other operating income. Total expenditure, excluding depreciation, increased from 16.20 Cr in Mar'19 to 22.86 Cr in Mar'25, contributing to operating losses. The operating profit (PBDIT) has been negative since Mar'21, reaching -7.24 Cr in Mar'25. Interest expenses have risen significantly, from 0.12 Cr in Mar'19 to 12.04 Cr in Mar'25, further impacting profitability. Consequently, profit before tax has been negative since Mar'21, culminating in a loss of -19.23 Cr in Mar'25, while profit after tax also reflected a loss of -20.14 Cr. The company's total liabilities surged to 324.16 Cr in Mar'24, up from 29.62 Cr in Mar'19, with total debt reaching 67.73 Cr in Mar'24. Cash flow from operating activities turned negative in Mar'23, with a cash outflow of -20.00 Cr, and the closing cash and cash equivalents dropped to 0.00 Cr in Mar'24. Overall, Athena Global's financial performance indicates a challenging trend with increasing losses, rising debt, and declining sales.